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Thursday 12 December 2013

Market Review and Trend of Nifty Futures

The Benchmark indices were trading near their crucial support levels on Thursday, ahead of the crucial IIP and CPI data which will be out later in the day. 


The Nifty extended intraday losses and slipped close to 6,250 led by losses in cements, auto and banks taking cues from weak global cues. Sensex slipped over 160 points to hit its intraday low of 21,004.89. 


The BSE Sensex declined over 1 per cent on Thursday, its third straight loss after hitting a record high on Monday. The Sensex ended below the key 21,000 levels having lost around 400 points over the previous three sessions..


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